The Times Australia
Google AI
News From Asia

.

SIBUR offsets carbon footprint of client event in Istanbul

MOSCOW, RUSSIA - Media OutReach Newswire - 1 October 2025 - SIBUR offset the carbon footprint of a roundtable discussion held on 26 September 2025 for the company's international partners in Istanbul.

The event was certified carbon neutral by an international verifier. The event's carbon footprint amounted to 45 metric tons of CО2 equivalent, or 45 carbon units.

The carbon footprint was offset using SIBUR's carbon credits earned through an international climate project implemented at the ZapSibNeftekhim production site. Independent verification of the project's carbon neutrality was performed by TÜV AUSTRIA Standards & Compliance, an international company specializing in environmental and climate assessments, certifications and verifications. "ISO 14021:2016/Amd 1:2021" served as the evaluation standard.

"We've had experience assessing the carbon footprint of events before, but previously, this involved large-scale projects with numerous participants and sponsors. Therefore, it's especially significant that SIBUR applies the same responsible approach to its internal events. Most importantly, the company takes a systematic approach: initially selecting an environmentally friendly site and minimizing waste generation, and only then offsetting the inevitable carbon footprint. This approach, which prioritizes impact prevention over compensation, is fully consistent with the 'start with yourself' principle. It clearly demonstrates that every action matters, regardless of its scale. This concept is universal and can be applied by both large corporations and individuals for events of any size," said Svetlana Kleeva, Head of Climate and Low-Carbon Economy Services at TÜV AUSTRIA Standards and Compliance.

"Integrating climate considerations into business events isn't just about following global trends; it's a conscious contribution to preserving the environment for future generations. We highly value the opportunity to collaborate with partners who share our principles of sustainable development, and we're proud that SIBUR's climate projects contribute to the carbon neutrality of significant international initiatives," noted Nadezhda Galaktionova, SIBUR's Director of Sustainable Development.

To date, SIBUR has implemented nine climate projects at its production sites, with a combined impact estimated at 10.9 million metric tons of CO2 equivalent over a 10-year period. The company's climate project portfolio is highly diversified and includes reforestation and afforestation initiatives, as well as technology and alternative energy projects. A portion of its verified carbon credits have been transferred to partners through various carbon market mechanisms, such as exchange and over-the-counter transactions, including using blockchain technology.

SIBUR is one of the most dynamically developing companies in the global petrochemicals industry and a Russian leader in polymers and rubbers. The company produces in-demand products for society and uses advanced technologies to create new opportunities, investing in social infrastructure to improve people's quality of life. SIBUR develops through partnerships and an exchange of experience, continuous growth, a determination to strive towards ambitious goals, and a commitment to sustainable development principles. Its unique vertically integrated business model allows SIBUR to create highly competitive products that are used in many economic sectors worldwide: construction, food processing, medicine and pharmaceuticals, agriculture, automotive manufacturing, and others.

Hashtag: #SIBUR

The issuer is solely responsible for the content of this announcement.

Times Magazine

With Nvidia’s second-best AI chips headed for China, the US shifts priorities from security to trade

This week, US President Donald Trump approved previously banned exports[1] of Nvidia’s powerful ...

Navman MiVue™ True 4K PRO Surround honest review

If you drive a car, you should have a dashcam. Need convincing? All I ask that you do is search fo...

Australia’s supercomputers are falling behind – and it’s hurting our ability to adapt to climate change

As Earth continues to warm, Australia faces some important decisions. For example, where shou...

Australia’s electric vehicle surge — EVs and hybrids hit record levels

Australians are increasingly embracing electric and hybrid cars, with 2025 shaping up as the str...

Tim Ayres on the AI rollout’s looming ‘bumps and glitches’

The federal government released its National AI Strategy[1] this week, confirming it has dropped...

Seven in Ten Australian Workers Say Employers Are Failing to Prepare Them for AI Future

As artificial intelligence (AI) accelerates across industries, a growing number of Australian work...

The Times Features

A Thoughtful Touch: Creating Custom Wrapping Paper with Adobe Firefly

Print it. Wrap it. Gift it. The holidays are full of colour, warmth and little moments worth celebr...

The Daily Concerns for People Living in Hobart

Hobart is often portrayed as a lifestyle haven — a harbour city framed by Mount Wellington, rich...

AEH Expand Goulburn Dealership to Support Southern Tablelands Farmers

AEH Group have expanded their footprint with a new dealership in Goulburn, bringing Case IH and ...

A Whole New World of Alan Menken

EGOT WINNER AND DISNEY LEGEND ALAN MENKEN  HEADING TO AUSTRALIA FOR A ONCE-IN-A-LIFETIME PERFORM...

Ash Won a Billboard and Accidentally Started a Movement!

When Melbourne commuters stopped mid-scroll and looked up, they weren’t met with a brand slogan or a...

Is there much COVID around? Do I need the new booster shot LP.8.1?

COVID rarely rates a mention in the news these days, yet it hasn’t gone away[1]. SARS-CoV-2, ...

Why Fitstop Is the Gym Australians Are Turning to This Christmas

And How ‘Training with Purpose’ Is Replacing the Festive Fitness Guilt Cycle As the festive season ...

Statement from Mayor of Randwick Dylan Parker on Bondi Beach Terror Attack

Our community is heartbroken by the heinous terrorist attack at neighbouring Bondi Beach last nigh...

Coping With Loneliness, Disconnect and Conflict Over the Christmas and Holiday Season

For many people, Christmas is a time of joy and family get-togethers, but for others, it’s a tim...